IndianOil celebrates its Golden Jubilee in 2009
New Delhi   24-Jul-2009
IndianOil, celebrating its Golden Jubilee in 2009. Starting as a fledgling company on June 30th, 1959, IndianOil has since grown rapidly to emerge as the leader in the downstream petroleum refining and marketing sectors. Inaugurating the Golden Jubilee Celebrations at IndianOil Bhavan, Mr. G. C. Daga, Director Marketing, IndianOil said, "Fifty years back the baton of setting up an indigenous oil industry was handed over to us. When the race began we were new and nascent- our competitors on the other hand were not only strong and dominant but were established conglomerates with a global reach and deep pockets. Not only did we beat them, but in the process we also created history by presenting to a young nation, the shield of oil security." Mr. Daga also paid homage to the contributions made by the pioneering generation of IOCians.